Natural Resources ~ United Arab Emirates
United Arab Emirates is known for their abundance in petroleum and natural gas, They are the world’s 8th top producer of crude oil, which is used almost everywhere in the world. As a part of OPEC, UAE exports a huge amount of oil to other countries. This oil export provides a huge amount of money of the UAE government who is then able to give their citizens a lavish life in a very high standard of living and a variety of goods and services. Another one of UAE’s major exports is mining products including aluminum, steel, gypsum, lime, cement, and sulfur. UAE can use these things to make products for themselves, or trade across the world. It’s natural resources that are in high demand provide UAE a very high GDP and GDP per capita.
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